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151220 CrudeOIL-Noon

by | Dec 15, 2020 | Crudeoil | 0 comments

GCMAsia-CrudeOIL
CrudeOIL
CrudeOIL
2020-12-15

CrudeOIL, H1: Crude oil price was traded lower following prior retracement from the resistance level at 47.10. MACD which illustrated increasing bearish momentum suggest the commodity to extend its losses toward support level at 46.45.

 

Resistance level: 47.10, 47.60

Support level: 46.45, 45.85